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Sep 30, 2024
Global Payments Q3 2024 Earnings Report
Solid financial performance achieved in Q3 2024, reflecting strong execution amid macroeconomic uncertainty.
Key Takeaways
Global Payments Inc. reported solid financial results for the third quarter of 2024, with GAAP revenue of $2.60 billion, an increase of 5%, and adjusted EPS of $3.08, an increase of 12%. The company is making progress on its transformation agenda and reached an agreement to sell AdvancedMD.
GAAP diluted earnings per share (EPS) of $1.24, a decrease of (11)%, and adjusted EPS of $3.08, an increase of 12%.
GAAP revenue of $2.60 billion, an increase of 5%, and adjusted net revenue of $2.36 billion, an increase of 6%.
Reaffirms outlook for 2024.
Reached a definitive agreement to sell AdvancedMD.
Revenue by Segment
Forward Guidance
The company continues to expect adjusted net revenue to be in a range of $9.17 billion to $9.30 billion, reflecting growth of 6% to 7%, and adjusted earnings per share to be in a range of $11.54 to $11.70, reflecting growth of 11% to 12% over 2023. Annual adjusted operating margin for 2024 is still expected to expand by up to 50 basis points.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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